MANH Options History — September 2015

In September 2015, MANH traded between $56.89 and $64.07. ATM implied volatility averaged 40.2%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 6.1% (HV 20d: 34.0%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.61.

Notable Days

  • 2015-09-25: Highest Volume — 3,242 contracts
  • 2015-09-28: Largest IV spike — 36.7% change
  • 2015-09-01: Highest IV Rank — 47.5%
  • 2015-09-01: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.16$56.89$64.07$56.89$62.42
Max Pain$60.00$60.00$60.00$60.00$60.00
ATM IV40.2%33.4%51.0%51.0%41.5%
Expected Move11.3%9.6%14.6%14.6%11.9%
HV 20d34.0%23.5%40.5%38.9%24.5%
HV 60d32.7%32.0%33.8%32.0%33.8%
IV Rank28.5%17.2%47.5%47.5%30.1%
IV Percentile86.0%67.9%98.0%98.0%90.1%
Term Structure1.1%-10.2%11.7%11.7%0.2%
VWIV40.7%34.0%53.5%53.5%40.3%
Skew 25d5.8%-11.5%25.3%-11.5%3.0%
Skew 10d10.3%-18.5%25.1%-18.5%2.7%
Call IV 25d38.6%31.0%69.7%69.7%39.2%
Put IV 25d44.4%36.2%63.8%58.3%42.2%
Bid-Ask Spread %75.6557.5395.7495.7473.66
Gamma HHI0.320.260.380.260.35
Net GEX138.6K-36.2K431.7K-29.6K431.7K
Net DEX-1.6M-5.4M2.3M2.3M-5.4M
Net VEX-53.9K-69.2K-46.3K-51.3K-69.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.610.373.961.211.19
Total Volume957.7141203,2424611,515
Total OI7,872.5247,0069,9387,2449,938

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-09-01$56.89$60.0051.0%14.6%38.9%47.5%53.5%-11.5%11.7%-29.6K2.3M-51.3K1.2195.742092522,9154,329
2015-09-02$57.82$60.0046.5%13.3%38.8%40.5%51.4%7.4%-4.3%-36.2K2.2M-50.0K3.2190.812327442,9274,383
2015-09-03$58.58$60.0048.9%11.1%38.2%44.2%53.0%10.4%0.2%-17.7K1.8M-49.9K3.5075.092197662,9244,563
2015-09-04$58.45$60.0042.8%11.5%38.2%34.8%48.3%8.0%0.3%10.3K1.7M-48.1K3.6269.562077502,9224,084
2015-09-08$60.06$60.0043.1%11.6%39.7%32.8%40.1%7.8%-1.3%62.9K2.0K-47.8K0.4182.7988362,9044,149
2015-09-09$59.46$60.0038.0%10.9%39.2%24.5%44.5%5.7%1.4%77.0K59.0K-46.3K3.0679.603391,0372,9694,184
2015-09-10$60.44$60.0038.4%11.0%39.9%25.1%38.5%6.3%0.6%85.0K-382.9K-52.2K0.7373.433372473,0744,497
2015-09-11$61.42$60.0037.9%10.9%40.5%24.3%37.1%6.4%0.4%122.6K-1.7M-50.6K1.0075.393473463,0754,508
2015-09-14$61.32$60.0038.8%11.1%40.1%25.8%40.9%25.3%-0.1%125.8K-1.9M-53.8K1.0281.013283363,1984,603
2015-09-15$62.48$60.0039.0%11.2%39.3%26.1%34.8%7.8%0.1%182.6K-3.0M-54.2K1.0083.2360603,2844,613
2015-09-16$62.26$60.0037.0%10.6%39.3%22.9%36.7%5.5%1.0%190.9K-2.7M-54.0K1.2583.923103863,3094,663
2015-09-17$63.08$60.0034.0%9.8%39.7%18.2%36.5%6.6%1.2%223.7K-3.6M-53.5K1.3486.662984003,3164,678
2015-09-18$62.00$60.0038.1%10.9%38.7%24.7%37.8%2.4%-0.6%109.2K-2.5M-54.2K1.3279.212943883,3434,673
2015-09-21$61.85$60.0036.1%10.4%28.1%21.5%34.6%5.2%3.6%121.6K-1.4M-51.1K1.1457.533443912,8474,508
2015-09-22$61.39$60.0036.9%10.6%23.5%22.8%35.3%3.7%3.2%109.1K-1.1M-51.0K1.1464.542723092,8714,619
2015-09-23$63.06$60.0033.4%9.6%24.9%17.2%34.0%4.7%4.6%192.2K-3.0M-51.6K1.1967.922502972,8824,677
2015-09-24$63.68$60.0034.6%9.9%24.4%19.1%37.0%3.7%5.4%207.5K-3.5M-52.9K3.9661.202188642,9184,729
2015-09-25$64.07$60.0035.0%10.0%24.1%19.7%34.9%4.0%5.3%213.2K-3.9M-57.2K0.3769.372,3758672,9265,285
2015-09-28$61.79$60.0047.8%13.7%27.8%40.3%43.4%4.3%-10.2%257.5K-3.8M-67.0K0.8161.571,0548584,2345,288
2015-09-29$61.89$60.0044.9%12.9%27.2%35.6%42.2%4.5%0.3%271.6K-3.5M-66.2K1.2576.516588244,2275,287
2015-09-30$62.42$60.0041.5%11.9%24.5%30.1%40.3%3.0%0.2%431.7K-5.4M-69.2K1.1973.666918244,6555,283